What is the projected dividend for the coming year

Assignment Help Financial Management

Reference no: EM131905568

Synovec Corp. is experiencing rapid growth. Dividends are expected to grow at 30 percent per year during the next three years, 20 percent over the following year, and then 5 percent per year indefinitely. The required return on this stock is 12 percent, and the stock currently sells for $92 per share. What is the projected dividend for the coming year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Reference no: EM131905568

Questions Cloud

What is the net present worth of the cash flow : The inflation rate is 4.6%. The inflation-free interest rate is 10.6%. What is the net present worth of the cash flow?

Any profit could be made through triangular arbitrage : Caculate whether any profit could be made through Triangular Arbitrage.

Estimate the current value of the operating assets of firm : Gemco Jewelers earned $5 million in after-tax operating income in the most recent year. Estimate the current value of the operating assets of the firm.

Estimate the cash balance at the end of the third year : Assume that RYBR had financed 20% of its reinvestment needs with debt, estimate the cash balance at the end of the third year.

What is the projected dividend for the coming year : Synovec Corp. is experiencing rapid growth. What is the projected dividend for the coming year?

Find the price of one ordinary put option on stock : Find the price of one ordinary put option on the stock of GS with strike price of $55 and time to expiration of 2 months.

The stock with the highest expected return : Albatross because we always want the stock with the highest expected return.

Why might company lease equipment rather than purchase : Why is time value analysis considered superior to methods that do not consider time value? Why might a company lease equipment rather than purchase it?

Put option and sell the corresponding call option : You buy a 1-year put option and sell the corresponding call option.

User Account

All Pages